Bank of the James (BOTJ) Raises Quarterly Dividend 25% to $0.10; 3.3% Yield

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Bank of the James Announces Fourth Quarter, Full Year of 2023 Financial Results and Declaration of Increased Dividend

February 2, 2024 1:15 PM EST

LYNCHBURG, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Bank of the James Financial Group, Inc. (the Company) (NASDAQ: BOTJ), the parent company of Bank of the James (the Bank), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (PWW), an SEC-registered investment advisor, today announced unaudited results of operations for the three and 12 month periods ended December 31, 2023. The Bank serves Region 2000 (the greater Lynchburg MSA) and the Blacksburg, Charlottesville, Harrisonburg, Lexington, Roanoke, and Wytheville, Virginia markets.

Net income for the three months ended December 31, 2023 was $2.06 million or $0.45 per basic and diluted share compared with $1.96 million... More